Macroeconomics
Annual Inflation in Romania Stays at 3% in March
Romania's annual inflation rate remained flat at 3% in March, the same as in February, data from the country's statistics board showed Friday.
World Bank Revises Romania's 2020 GDP Growth Forecast to 0.3% from 3.8%
Romania's economic growth is projected to slow significantly to 0.3 percent in 2020, from an estimated 3.8% percent before the Covid-19, according to the World Bank Economic Update Spring 20...
CFA Romania: Half of Managers See Pandemic Impact Until 4Q/2020
Half the managers polled by CFA Romania, namely 48%, expect the economic impact of the coronavirus pandemic will be felt strongly up until the fourth quarter and estimate Romania's budget de...
Romania Posts Trade Gap of EUR2.597 in Jan-Feb
Romania's trade balance posted a deficit of EUR2.597 billion in the first two months of 2020, EUR170.8 million higher compared with the same period last year, data from the country's statist...
Romania Average Net Salary Grows 0.4% on Month in February
The average net salary in Romania grew 0.4% in nominal terms in February compared with January, to 3,202 lei (around EUR662), data from the country's statistics board showed Thursday.
Romanian Exporters and Importers Expect Sharp Contractions for March
One third of Romanian exporters expect exports to drop by an annual 25% in March, while 12% have a more pessimistic view, expecting exports to drop 25% to 50%, according to a poll by the cou...
ING Bank Sees Romania’s GDP Contracting 6.6% In 2020, But Growing 7.1% In 2022
ING Bank’s latest forecasts on the evolution of the global GDP envisage a 6.6% contraction for Romania’s economy in 2020, followed by a 7.1% growth in 2022.
Banca Transilvania Expects Romanian Economy To Feel Pandemic Shock in March-May
Romania's economy could feel the biggest shock of the Covid-19 pandemic in the March-May 2020 period, said Andrei Radulescu, chief macroeconomic analyst at Banca Transilvania.
Romania GDP Growth Reconfirmed at 4.1% in 2019
Romania's gross domestic product grew 4.1% in 2019 compared with 2018, a second preliminary reading from the country's statistics board confirmed Tuesday.